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State of Karnataka - Section

Section 49 in The Institute Of Trans-Disciplinary Health Sciences And Technology Act, 2013

49. General Fund.

(1)The Institute shall establish a General Fund to which the following amount shall be credited, namely:-
(i)all fees which may be charged by the Institute;
(ii)all sums received from any other source not prohibited by any law for the time being in force;
(iii)all contributions made to the Institute;
(iv)all contributions/donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force.
(2)The funds credited to the General Fund shall be applied to meet all the recurring expenditure of the Institute.